Thai Metal Drum Stock Return On Equity

TMD Stock  THB 24.30  0.20  0.82%   
Thai Metal Drum fundamentals help investors to digest information that contributes to Thai Metal's financial success or failures. It also enables traders to predict the movement of Thai Stock. The fundamental analysis module provides a way to measure Thai Metal's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Thai Metal stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Thai Metal Drum Company Return On Equity Analysis

Thai Metal's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Thai Metal Return On Equity

    
  0.1  
Most of Thai Metal's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Thai Metal Drum is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Competition

Based on the latest financial disclosure, Thai Metal Drum has a Return On Equity of 0.1028. This is 97.14% lower than that of the Containers & Packaging sector and 70.63% lower than that of the Materials industry. The return on equity for all Thailand stocks is 133.16% lower than that of the firm.

Thai Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Thai Metal's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Thai Metal could also be used in its relative valuation, which is a method of valuing Thai Metal by comparing valuation metrics of similar companies.
Thai Metal is currently under evaluation in return on equity category among its peers.

Thai Fundamentals

About Thai Metal Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Thai Metal Drum's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Thai Metal using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Thai Metal Drum based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Other Information on Investing in Thai Stock

Thai Metal financial ratios help investors to determine whether Thai Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Thai with respect to the benefits of owning Thai Metal security.